MPs: MOD has no ‘Credible Plan’ to Close £16.9 Billion Capability gap

Published on March 8, 2024

MPs have warned there is a £16.9 billion gap between the Ministry of Defence’s budget and the military capabilities needed by the UK’s armed forces. The House of Commons Public Accounts Committee (PAC) published a report on Friday which said the gap was at its highest level since this type of analysis began being compiled in 2012, despite the government pumping in £46.3 billion over the next ten years. The cross-party PAC said the gap could actually be under-estimated because it only included “affordable” capabilities and the actual deficit could be £29 billion. The report said the capability gap of the British Army alone was short by £12 billion....

Continue reading on website
Other news

Watchdog: London a ‘No-Go’ Zone for Jews at Weekends

March 8, 2024
London has become off-limits to Jewish people every weekend because of pro-Palestine protests, the watchdog for countering extremism has said.Robin Simcox, the government’s independent commissioner for countering extremism, wrote in The Telegraph on Thursday that anti-Semitism is “skyrocketing” and that London had become a “no-go zone for Jews every weekend.”Mr. Simcox said that protests had becom

US Economy Adds Better-Than-Expected 275,000 New Jobs, Unemployment Rate Rises

March 8, 2024
The U.S. economy added a larger-than-expected 275,000 new jobs in February as the labor market continues to defy economists’ expectations of a slowing market.According to the Bureau of Labor Statistics (BLS), the unemployment rate rose to 3.9 percent last month, up from 3.7 percent in January. This was higher than market forecasts of 3.7 percent.Average hourly earnings rose 0.1 percent monthly, be